State Bank of India Chennai Chief Manager Salaries by 10+ Employees (Updated 2024)

11 - 21 years exp.

₹14.5 Lakhs - ₹50 Lakhs

Salary of majority employees

45% more than the average Chief Manager Salary in Banking Companies for 11 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 12 - 28 years exp. (5 salaries)	₹20 L/yr - ₹48 L/yr
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Finance & Accounting Chief Manager Salary 13 - 18 years exp. (AmbitionBox Estimate)	₹25 L/yr - ₹34 L/yr

Last Updated: 1 Dec 2024

Companies similar to State Bank of India for Chief Manager in Chennai

State Bank of India Chief Manager Salary

11 - 21 years exp. (14 salaries)

₹14.5 L/yr - ₹50 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Chief Manager Salary 5 - 23 years exp. (53 salaries)	₹10.2 L/yr - ₹30 L/yr 22% less
Kotak Mahindra Bank Chief Manager Salary 6 - 16 years exp. (25 salaries)	₹8.4 L/yr - ₹19 L/yr 47% less
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IndusInd Bank Chief Manager Salary 0 - 20 years exp. (146 salaries)	₹4.9 L/yr - ₹18 L/yr 66% less
Punjab National Bank Chief Manager Salary 10 - 13 years exp. (3 salaries)	₹14 L/yr - ₹30.3 L/yr 2% less
Bank of Baroda Chief Manager Salary 10 - 18 years exp. (10 salaries)	₹15 L/yr - ₹38 L/yr 11% less
Canara Bank Chief Manager Salary 10 - 15 years exp. (6 salaries)	₹13.5 L/yr - ₹26 L/yr 20% less
Union Bank of India Chief Manager Salary 11 - 17 years exp. (4 salaries)	₹18 L/yr - ₹27.1 L/yr 12% less
Karur Vysya Bank Chief Manager Salary 10 - 18 years exp. (14 salaries)	₹16 L/yr - ₹30 L/yr 22% less
Indian Overseas Bank Chief Manager Salary 13 - 17 years exp. (12 salaries)	₹18 L/yr - ₹30 L/yr 22% less
UCO Bank Chief Manager Salary 9 - 12 years exp. (5 salaries)	₹17 L/yr - ₹30 L/yr 13% less
IDFC FIRST Bank Chief Manager Salary 8 - 16 years exp. (29 salaries)	₹11 L/yr - ₹34.3 L/yr 38% less
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Indian Bank Chief Manager Salary 10 - 15 years exp. (15 salaries)	₹12.5 L/yr - ₹32 L/yr 18% less

Chief Manager salary at State Bank of India ranges between ₹14.5 Lakhs to ₹50 Lakhs per year for employees with experience between 11 years to 21 years. Salary estimates are based on 14 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Chief Manager salaries in Chennai

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹16 L/yr - ₹55.4 L/yr
12 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹55.4 L/yr
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13 years (4 salaries)	₹20 L/yr - ₹34 L/yr
14 years (AmbitionBox Estimate)	₹15 L/yr - ₹55.4 L/yr
15+ years (6 salaries)	₹14 L/yr - ₹50 L/yr

Similar Designation salaries in State Bank of India

Deputy Manager Salary

(52 salaries)

₹8.02 L/yr - ₹25 L/yr

Branch Manager Salary

(21 salaries)

₹7.5 L/yr - ₹27 L/yr

Credit Manager Salary

(6 salaries)

₹15 L/yr - ₹29.87 L/yr

Top skills at State Bank of India for Chief Manager

PMO Kubernetes Stakeholder Management Project Management Project Planning Project Coordination SAAS ITIL Scrum Master VMware Iaas Windows Linux Spring Boot Microservices

Salary related reviews for State Bank of India

4.3

Rated by 4 employees for salary & benefits

Chief Manager in Chennai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Aug 2023

4.0

for Salary and Benefits

Likes

Job Safety. Monthly Salary is fixed with regular Annual increments. No NIGHT duties (except for certain specific duties). Compensation for Medical Expenditures for Self + Family. Loans at Simple Interest Rate structure.

Dislikes

Deal with public at raw and other unscrupulous individuals. Complicated work process and procedures that are convoluted. Lack of standardisation in procedures and actions. Lack of Work-life Balance. Toxic and Unprofessional Work Culture. Prevalence of use of abusive language and incivil behaviour from higher officials and auditors. Environment of intimidation and suppression. Prevalence of trade unions and Netagiri. Arbitrariness and randoness in posting orders, transfers, promotions and allotment for foreign assignments. Nepotism, favouritism with lesser regard for merit. Adoption of a two tumbler system for identical cases. No learning in job with no leadership qualities earned. Sub-standard training programmes. Unsymmetrical work load with parity in entirely. Ownership feeling missing among higher officials. A Hard Working employee retirement goes unnoticed; whereas Inquilab Zindabad community (which disrupts Bank functioning and brings negative image) gets a warm send off from the top management.

Chief Manager in Varanasi

Full Time

Data Science & Analytics Department

1.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Pay is decent but in senior level nothing compared to private sector.

Dislikes

The organisation would not give you anything for your personal growth, it's waste to join it. If you are into sales and love selling insurance and other stuff, please go ahead. Otherwise you would land in the biggest soup of your life. It's like a bone which will be stuck in your throat forever. Plz take the decision wisely

Chief Manager in Guntur

Full Time

Sales & Business Development Department

5.0

• posted on 19 Dec 2023

5.0

for Salary and Benefits

Likes

Good reputation in the society /family, Good salary and job satisfaction.

Dislikes

1.DP initiating on employees migare irregularities and finally ( after 1 year) awarding "no action" judgement.Therefore staff members are fearing while discharging duties. 2.Cutomers are not convicing of our SBI life and general insurance products, but heavy follow up from all levels.

Chief Manager

Other Department

4.0

• posted on 02 Feb 2020

3.0

for Salary and Benefits

Likes

Good for personal development & width of exposure ...with varied assignments and faily good opportunities for career growth ...

Dislikes

Compensation not very attractive / poor post retirement benefits ... compared to govt job / defence services

Chief Manager in Mauranipur

BFSI, Investments & Trading Department

4.0

• posted on 16 Feb 2020

5.0

for Salary and Benefits

Likes

The organization is open to innovation and readily adopts latest technology and sell products for each segment of society.I love the fact that I was a part of such organization. I also like the rehire policy there.

Dislikes

Compensation is good but the work pressure is very high.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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State Bank of India Chief Manager Salary FAQs

What is the salary of Chief Manager at State Bank of India Chennai?

Chief Manager salary at State Bank of India in Chennai ranges between ₹14.5 Lakhs to ₹50.0 Lakhs for experience between 11 years to 21 years. According to our estimates it is 45% more than the average Chief Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of State Bank of India Chennai.

How does the salary of a Chief Manager at State Bank of India Chennai compare with the average salary range for this job?

The average salary of a Chief Manager at State Bank of India is 45% more than the average salary of a Chief Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Chief Manager at State Bank of India?

PMO, Kubernetes, Stakeholder Management, Project Management and Project Planning are some of the popular skills required to work as a Chief Manager at State Bank of India Chennai.

What is the salary of a Chief Manager in companies similar to State Bank of India in Chennai?

Punjab National Bank Chief Manager Salary - ₹14.0 Lakhs to ₹30.3 Lakhs per year
Bank of Baroda Chief Manager Salary - ₹15.0 Lakhs to ₹38.0 Lakhs per year
Union Bank of India Chief Manager Salary - ₹18.0 Lakhs to ₹27.1 Lakhs per year
UCO Bank Chief Manager Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
Indian Bank Chief Manager Salary - ₹12.5 Lakhs to ₹32.0 Lakhs per year

What is the estimated take home salary of a Chief Manager at State Bank of India in Chennai?

The estimated take-home salary of a Chief Manager at State Bank of India ranges between ₹1,89,036 per month to ₹1,96,447 per month in Chennai. The take-home salary calculation is based on the average State Bank of India Chief Manager salary in India which ranges between ₹14.5 Lakhs to ₹50.0 Lakhs per year for employees with experience between 11 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at State Bank of India in Chennai?

According to AmbitionBox, 67% of the State Bank of India Chief Managers in Chennai reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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State Bank of India Chief Manager Salaries in Chennai

State Bank of India Chief Manager salary in Chennai ranges between ₹14.5 Lakhs to ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 State Bank of India latest salaries received from various employees of State Bank of India.